Webb26 okt. 2024 · The penalty for late ITR filing was introduced from 2024-18. A late filing fee is applicable if ITR is filed after the due date which for the current assessment year … Webb1 aug. 2024 · As per the law, a late filing fee of Rs.5,000 will be levied on individuals who file belated ITR. However, as a respite to small taxpayers, the late filing fee will not …
What happens when you miss filing your I-T return on time?
Webb23 aug. 2024 · According to the Income Tax Act's section 234F, filing the ITR after the due date can attract a late fee of Rs 5,000 for people having an annual income of over Rs 5 … gaslyarchive
Penalty for Late filing of ITR for FY 2024-20 I AY 2024-21 I
Webb29 sep. 2024 · The section has introduced late fee with an objective to ensure timely filing of returns. Late Fees payable under Section 234F of IT Act: 1. Total Income of the … Webb1 aug. 2024 · This late fee fine can go up to ₹10,000 if you file your ITR after December 31 but before March 31, 2024. Section 234F also says that individuals who have not filed … Webb30 juli 2024 · ITR filing: Late fee to jail term - If you miss due date 2 min read. Updated: 30 Jul 2024, 12:40 PM IST Asit Manohar Premium ITR filing for FY 2024-22: The income … david crystal dds bound brook nj